Whirlpool Q1 GAAP EPS -$1.43; cites Iran war for U.S. industry recession; suspends dividend

WHIRLPOOL CORP /DE/

2026-Q1 EPS reported -$1.43 revenue$3,273,000,000

Q1 net sales $3.273B (-9.6% YoY); GAAP net loss $85M vs. $71M profit a year ago.
Ongoing (non-GAAP) diluted EPS loss of $0.56 vs. +$1.70 in Q1 2025; ongoing EBIT margin 1.3% (down from 5.9%).
MDA North America EBIT collapsed to $6M from $149M; company announced largest price increase in a decade.
2026 guidance: GAAP EPS $2.45-$2.95, ongoing EPS $3.00-$3.50; free cash flow ~$300M.
Common dividend suspended; debt reduction over $900M planned; transitioning to ~$2.25B asset-based revolver.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

WHIRLPOOL CORP /DE/ reported the first quarter of 2026 results: revenue $3,273, net income $(85), EPS $(1.43). Guidance reaffirmed.

Period: the first quarter of 2026
Revenue: $3,273
Net income: $(85)
EPS: $(1.43)
Guidance: reaffirmed
Result: reported results

Exact text from the filing

positioned to win with our American-made products.” MARC BITZER, CHAIRMAN AND CHIEF EXECUTIVE OFFICER Earnings Results First Quarter Results 2026 2025* Change Net sales ($M) $3,273 $3,621 (9.6)% Organic net sales ($M) (1) $3,193 $3,399 (6.1)% GAAP net earnings (loss) available to Whirlpool common shareholders ($M) $(85) $71 nm Ongoing EBIT (2) ($M) $44 $214

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Source: SEC EDGAR

accession 0000106640-26-000031

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